This is my quest to double a penny 28 times to end up with a million dollars. Half goes to me and half goes to charity!

Monday, February 7, 2011

Collecting Data

I'm really having trouble finding grocery savings that meet the 1% threshold rule, especially since I have to split half of the savings with the 'real world me'. I have realised that part of the problem is that even though I have been trying to save for a while, there are many items in the weekly flyers that I still don't know what the normal cost would be so it's difficult to spot the deals. So it's time to do something more drastic. Last Friday I walked through the local grocery store and wrote down the price of over 100 things. I plan to do this every two weeks or so until I can't stand it anymore. It took me over an hour, but it will be worth it because I will end up with a database on what my normal purchases usually cost so I can spot the deals and even see the seasonal valleys and peaks for each item. Some might think this is a bit overboard, but I am determined to keep doubling and this is what I have to do to do it right now. And as an added bonus, it will make me save money in the future when groceries are off the doubling radar.

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